El stock de capital de la economía española, 1900-1958

Jordi Palafox, Antonio Cubel Montesinos

Resumen


This paper provides an estimate in I990 constant pesetas of the Spanish stock of capital between 1900 and 1958. The estimate is directly based on the progress made by the quantitative economic history in Spain in recent years. We employ a quite similar method as F.Pérez, M.Mas y E.Uriel in their estimation of the stock of public capital published in 1995. An additional contribution of the paper is to present the trends of the capital/product and capital/labour ratio between 1900 and 1958 in order to identify the main periods of the Spanish industrialization before its last phase during the 1960 s.


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